What is Nelnet's income tax?

Nelnet (NNI) reported income tax of $20.06M in Q1 2026.

How has Nelnet's income tax changed year-over-year?

Nelnet's income tax decreased by 19.8% year-over-year, from $25.01M to $20.06M.

What is the long-term trend for Nelnet's income tax?

Over 3 years (2021 to 2025), Nelnet's income tax has grown at a 3.4% compound annual growth rate (CAGR), from $115.82M to $127.99M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Nelnet NNI Income Tax

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Segments

By segment

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Education Technology Services and Payments (ETSP)$11.48M+0.6%

Asset Generation and Management$7.32M+2.3%

Loan Servicing and Systems (LSS)$4.75M+7.0%

Nelnet Bank$2.11M+385%

Other financials

Income statement

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Net income$71.1M-13.8%

EPS (diluted)$1.97-12.8%

Balance sheet

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Cash & equivalents$240.0M+8.8%

Total debt$7.7B-11.1%

Total equity$3.7B+9.1%

Total assets$14.2B-0.1%

Cash flow

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Operating cash flow$73.1M-19.8%

CapEx$11.6M+242%

Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.68B+14.9%

Returns & leverage

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Return on equity11.7%+5.9pp

Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's income tax?: Nelnet (NNI) reported income tax of $20.06M in Q1 2026.
How has Nelnet's income tax changed year-over-year?: Nelnet's income tax decreased by 19.8% year-over-year, from $25.01M to $20.06M.
What is the long-term trend for Nelnet's income tax?: Over 3 years (2021 to 2025), Nelnet's income tax has grown at a 3.4% compound annual growth rate (CAGR), from $115.82M to $127.99M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.